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Franklin Life Insurance Company
Why You Need a 20 Payment
Life Policy io The Franklin
Life Insurance Company
1. Because life is uncer
tain and you have a fami
ly, or business interests,
which would suffer by
your death.
2. Because if you know
that your family is proper
ly protected your peace of
mind on that subject will
give you greater power in
your business.
3. Because it will im
prove your credit and en
chance your importance as
a solid citizen.
4. Because it will pro
vide funds to tide you
over unexpected losses or
a depression in business.
Many businesses were sav
ed in 1907 by loans on
Policies after Banks had
refused to lend even on
Government bonds.
5. Because after 20 years
you will not need to
„ , .vtixrS',' but
?r more n r ’
the sum insured will be
payable at your death just
the the same.
6. Because if you do not
need insurance protection
after 20 years, you can
surrender the polciy for a
large amount in cash.
7. Because it is so dif
ficult to save money any
other way.
8. Because The Franklin
Life Insurance Company
is a purely mutual Com
pany, operated for the
benefit of its policy hold
ers and controlled by
them.'
Thinking Man:
If you are considering the matter of Life Insurance
and wish to place this business where it will be a satisfac
tion to you while you are carrying same and a sure profit
to your family, you will place this business with
The Franklin Life Insurance Company
We refer you to our many policyholders, who have
taken Insurance with us in the past nine years and to the
many beneficiaries, to whom, we have paid Insurance
checks in every part of Chattooga County.
Very truly yours,
W. T. LEDBETTER.
W. T. LEDBETTER, Southeastern Supt. Agents,
Rome, Georgia.
Semi=Annual Statement
FOR THE SIX MONTHS ENDING JUNE 30, 1909.
OF THE CONDITION OF
The Franklin Life Insurance Co.
Os Springfield, Illinois.
Organized under the laws of the State of Illinois made to the Governor of the State of Georgia, in pursuance to the laws of said State.
Principal office sth and Monroe streets, Springfield, Illinois.
I. CAPITAL STOCK. MUTUAL.
11. ASSETS.
1. Market value of real estate owned by the company •’ $107,000.00
2. Loans on bonds and mortgage (first Hens) on real estate 2,214,500.00
3. Loans secured by pledge of bonds, stocks or other marketable collaterals 136,800.00
4. Loans made to policy-holders on this companies policies 1,564,764.48
5. Premium notes, loans or liens on policies in force / J 55,339.76
6. Bonds and stocks owned absolutely 510,450.00
8. Cash deposited in bank to credit of company 98,365.92
10. Interest due or accrued and unpaid 110,199.57
12. Agent's balance 30,203.25
14. Net amount of uncollected and deferred premiums (deduction 20 per cent, for average loaning from gross amount) 111,089.01
Total Assets 4,9.18,711.99
Less unadmitted assets » ( 51,.102.9.1
Admitted assets y 4,887,409.06
111. LIABILITIES.
Net Premium reserve " $3,995,693.00
Total policy claims.. .. .. . ' -• 55,037.21
7. Dividends declared and due and unpaid 32,935.76
10. Amount o< another’-- .. tho company 82,101.47
j.— surplus over all Hao., ■ 721,641.62
Total liabilities ’ 4,887,409.06
IV. INCOME DURING THE FIRST SIX MONTHS OF THE YEAR 1909.
1. Amount of cash premiums received 1
2. Amount of notes received for premiums j 597,980.40
3. Interest received 93,475.03
4. Amount from all other sources 7.21
Total income 691,462.64
V. DISBURSEMENTS DURING THE FIRST SIX MONTHS OF THE YEAR, 1909.
Total amount actually paid for losses and matured endowments 155,186.78
5. Surrender policies 69,116.91
6. Dividends paid to policy-holders 15,004.30
7. Expenses paid, Including commissions to agents, and officers’ salaries 135 738.79
8. Taxes paid 4 . 12,867.67
9. All other payments and expenditures 45,297.48
433,211.98
Greatest amount insured in any one risk $10,000.00
Total amount of insurance outstanding 36,822,379.00
State of ILLINOIS, County of Sanmon:
Personally appeared before the undersigned Henry Ables who, being duly sworn, deposes and says that ho is the Secretary of The Frank
lin Life Insurance Co., and that the foregoing statement is correct and true. HENRY ABELS.
Sworn to and subscribed before me, this sth day of August, 1909. WILL TAYLOR, Notary Public.
THE SUMMERVILLE NEWS, THURSDAY, AUGUST 26. t»O9
Springfield, Illinois.
rhe Rev. R. Keene Ryan, Pastor of the
Garfield Boulevard Presbyterian Church, of
Chicago, in the course of a recent sermon, said:
'“I am no insurance agent, but I do not hesitate to say that modern
insurance comes nearer to giving something for nothing and making
this something sure and certain than any known institution of our time,
“Indeed, so sure, cheap, and certain has it become that no man, how
ever poor, can righteously plead any excuse who does not take advantage
of the inducements offered him to lay up a little money to bury him
when dead, and provide support for his afflicted and stricken loved ones
when he is called away.
"It is nothing short of an unpardonable crime when a father and bus
band, with a wife and children depending upon him for support, neg
lects his sacred obligations; uses up each week his wages, and in a mo
ment of time is stricken by death; compels his friends to bury him;
leaves his family destitute and objects of pity and charity.
Trion, Ga., July 30, J 909.
Mr. J. W. Tucker,
Menlo, Ga
Dear Sir:
Today I am in receipt of check from
The Franklin Life Insurance Company for
$1,000.00 in payyent of policy No. 46270
on the life of my husband, Henry A. J.
Housch. I certainly appreciate the rapid
settlement of this claim and shall always
have a good word for The Franklin Life.
Very truly yours,
LAURA HOUSCH.
A National Bank
Note
of today is also a “promise
to pay” of the issuing
bank, because the bank
must deposit in trust with
the Federal Government
U. S. bonds equal to the
entire present value of all
Notes issued by it. You
know the security is there
for each Note is register
ed and bears a certificate
over the signature of the
Treasurer of the United
States to the effect that
“This Note is secured by
bonds of the United States
deposited with the U. S.
Treasurer at Washing
ton.”
The Franklin Life Insur
ance Company, of Spring
field, Illinois, deposits
with the Insurance De
partment of the State of
Illinois approved' securi
ties equal in value to the
Legal Reserve of all its
outstanding policies. You
Know the securities are
there for each policy is
registered and bears upon
its face a certificate in the
following form:
State of Illinois.
Insurance Department.
Springfield, 190
This policy is registered; and ap
proved securities, equal In value to
the Legal Reserve hereon, aro held
In trust by this Department.
Insurance Superintendent.
“A Policy of Life Insur
ance is the cheapest and
safest mode of making a
certain provision for one’s
family. It is a strange
anomaly that men should
be careful to insure their
houses, their ships, their
merchandise, and yet neg
lect to insure their lives,
surely the most impor
tance of all to their fam
ilies and far more sub
ject to loss.”— Benjamin
Franklin.